As global markets navigate a landscape marked by rising inflation and volatile treasury yields, U.S. stock indexes are climbing toward record highs, with growth stocks outpacing their value counterparts. In this environment of economic uncertainty and shifting monetary policies, dividend stocks can offer investors a measure of stability and income, making them an appealing consideration for those looking to balance growth with consistent returns.
Overview: Grupo Aeroportuario del Sureste, S. A. B. de C. V operates airports primarily in Mexico and has a market cap of MX$173 billion.
Operations: Grupo Aeroportuario del Sureste, S. A. B. de C. V's revenue primarily comes from its operations in Cancun (MX$17.17 billion), San Juan, Puerto Rico (MX$4.50 billion), Colombia (MX$3.12 billion), Merida (MX$1.41 billion), and Villahermosa (MX$599 million).
Dividend Yield: 3.6%
Grupo Aeroportuario del Sureste S.A.B. de C.V. offers a mixed dividend profile. Despite a reasonable cash payout ratio of 54.9%, its dividend yield of 3.63% falls short compared to the top Mexican market payers at 6.17%. While dividends are covered by earnings and cash flows, their reliability is questionable due to volatility over the past decade. Recent announcements show steady passenger traffic growth, which might support future stability in payouts amidst an improving earnings landscape.
Overview: Jangho Group Co., Ltd. operates in the architectural decoration sector across Mainland China, Hong Kong, Macau, Taiwan, and internationally with a market cap of CN¥6.33 billion.
Operations: Jangho Group Co., Ltd. generates revenue through its architectural decoration operations across Mainland China, Hong Kong, Macau, Taiwan, and various international markets.
Dividend Yield: 5.4%
Jangho Group's dividend profile is characterized by a high yield of 5.37%, placing it among the top 25% in China's market. Despite this, dividends have been volatile over the past decade, though they have increased overall. The company's low cash payout ratio of 23.9% indicates strong coverage by cash flows, while a payout ratio of 56.4% suggests earnings also support dividends well. Currently trading at good value relative to peers and industry benchmarks, Jangho presents potential for income-focused investors seeking exposure in China.
Overview: Dai-ichi Life Holdings, Inc. operates through its subsidiaries to provide insurance products in Japan, the United States, and internationally, with a market cap of ¥4 trillion.
Operations: Dai-ichi Life Holdings, Inc. generates revenue primarily from its Domestic Insurance Business at ¥8.41 billion and Overseas Insurance Business at ¥3.57 billion.
Dividend Yield: 3.1%
Dai-ichi Life Holdings offers a stable dividend profile, with payments reliably increasing over the past decade. The company's dividends are well covered by earnings and cash flows, reflected in a payout ratio of 35.6% and a cash payout ratio of 17.8%. Recent guidance revisions indicate improved financial performance, supporting an increased year-end dividend to ¥72 per share from ¥61. Trading below estimated fair value, Dai-ichi provides reasonable relative value amidst consistent dividend growth.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BMV:ASUR B SHSE:601886 and TSE:8750.
